PLEASE READ THIS ENTIRE BRIEF WRITTEN INTRO TO THIS PODCAST as it is important to read BEFORE listening.

Here is the link to the skwealthacademy patreon only content I reference in the first minute of this podcast in which I predicted silver price smashes (and gold price smashes) throughout the month of February after silver reached $30 an ounce at the end of January: https://bit.ly/3bqLhu7

I apologize for the significant volume drop off at the 1:11 mark but from there, if you raise the volume, the volume level is consistent for the final 34 minutes. The video version of this podcast for consistent volume levels throughout will be available on my skwealthacademy youtube channel within the next 24 hours.

A financial conundrum often introduces massive cognitive dissonance when the best answer to a presented question is one that contradicts our beliefs. For example, ask a recent graduate from a the MBA program (Wharton) of my alma mater whether he or she believes that the $200,000+ cost of his or her degree ($162,000 for two years of tuition plus room and board expenses) will be worth the cost, and there is no one that just invested that amount of money in a two year academic degree that will answer “No”. Yet, because I am so far removed from my Master degrees and my undergraduate education at UPenn, I can unequivocally state that none of my multiple academic degrees were remotely worthy of the tuition costs and that I have found all to be of extremely low utility in contributing to a better quality of life overall. Likewise, if you ask someone that is heavily invested in oil prices moving higher whether one’s position is extremely vulnerable, even if crude prices rise to a hypothetical future price of $100 a barrel in the future, and explain that oil prices have always been extremely vulnerable to rapid price movements up and down because of manipulation in oil futures markets, because the person/institution whom you are questioning is vested in a continued rise in oil prices, they will likely dismiss any inherent risk or significant vulnerability in their position, as a continued large position means that they are being ignorant. Even if one provided multiple real world past historical cases in which it is  nearly indisputable that oil prices were severely manipulated, like the summer of 2008 Goldman Sachs executed oil price squeeze against oil hedge fund Semgroup that eventually bankrupted Semgroup, humans still have a massive propensity to dismiss truth even when indisputable facts stare them in the face.

With that said, I present to you The Bitcoin Conundrum.